Senator Judy Seeberger’s Bill to Cap Interest Rates for “Payday” Loans Heard in Commerce Committee
ST. PAUL, Minn. — On Tuesday, Senator Judy Seeberger’s (DFL-Afton) bill that would regulate the interest rates of loans targeted at borrowers in need of money in between paychecks received its first hearing in the Commerce Committee. In response, Senator Seeberger released the following statement: